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Ditch Your Passwords: US Government To Issue Secure Online Ids

Sunday, September 1, 2013 - 7:11 PM
From B2C via Yahoo:
SecureKey, based in Toronto, today announced it has been awarded a contract by the USPS to provide a cloud-based authentication infrastructure.

[...] The Federal Cloud Credential Exchange (FCXX) is designed to enable individuals to securely access online services – such as health benefits, student loan information, and retirement benefit information – at multiple federal agencies without the need to use a different password or other digital identification for each service. The first federal agency to use it will be the Veterans Administration.

... The effort is part of implementing [a] National Strategy for Trusted Identities in Cyberspace (NSTIC) and the federal government’s policies and procedures under its Identity, Credential and Access Management (ICAM) program.

 
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The article points out the IRS is one agency that could benefit greatly from this initiative.  Most people interact with the agency once a year, and would find it difficult to remember their ID and password in the meantime since it is not  frequently used.  However, the IRS estimates it loses $5 billion a year to fraud such as paying out rebates to stolen identities.
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